About Narmi
Narmi is a Financial Services company based in New York (United States) founded in 2016 by Chris Griffin. It operates as an omnichannel banking solutions are provided for banks and credit unions. It operates on a SaaS (Software-as-a-Service), API-as-a-Product, and FinTech model. Narmi has raised $57.34 million across 5 funding rounds from investors including Techstars, Greycroft and NEA. The company has 89 employees. Its website narmi.com draws about 15 thousand monthly visits. Narmi offers products and services including Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, and Narmi Guard. Its focus areas include Technology, Financial Technology and Digital Banking. Its legal entity is Narmi Inc. Its competitors include Amount, MANTL, Tyfone, Asseco and Bankingly and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Innovative digital banking platforms are developed by Narmi for financial institutions. Solutions are offered in areas such as consumer and business banking, account opening, real-time payments, fraud prevention, and back-office efficiency. Integration with leading core banking systems is supported to enhance digital capabilities. The focus is placed on delivering user-friendly experiences and API-driven open platforms for customized innovation in the fintech sector.
- Total Equity Funding$57.34M (USD)
in 5 rounds
- Latest Funding Round$35M (USD), Series B
May 2022
- InvestorsTechstars
& 6 more
- Employee Count89
Products & Services of Narmi
Narmi offers a comprehensive portfolio of products and services, including Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, and Narmi Guard.
Banking solutions are designed for modern life experiences.
Omnichannel solutions are provided for faster account opening.
Digital back-office operations are streamlined for better efficiency.
Real-time payments are enabled via FedNow Service integration.
Protection against fraud threats is offered through advanced tools.
API-driven platform is provided for customized banking innovation.
Funding Insights of Narmi
Narmi has successfully raised a total of $57.34M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $57.34M
- Total Rounds 5
- Last Round Series B — $35M
- Investors Count 7
All 5 funding rounds of Narmi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $35M | Series B | – | Greycroft, New Enterprise Associates | – |
| Dec 2020 | $20.4M | Series A | – | New Enterprise Associates | |
| Dec 2018 | $1.92M | Seed | – | – | – |
| Jun 2017 | $20,000 | Seed | – | Techstars | – |
| Apr 2017 | – | Seed | – | – |
7 investors in total: 7 institutional.
Investors in Narmi
Narmi has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Techstars, Greycroft and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are targeted for venture capital investments by Greycroft. | – | greycroft.com | New York, United States | |
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | – | picuscap.com | Munich, Germany | |
Private equity investments are targeted at US companies. | – | patriotfp.com | Radnor, United States | |
Investments are made in US seed and early-stage tech companies. | – | contourventures.com | New York, United States | |
Early-stage founders are supported through impactful venture capital investments. | – | fireboltventures.com | Palo Alto, United States | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Narmi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
People of Narmi
28 people are tracked at Narmi (11 in leadership, 17 in team); the tracked headcount is 89.
| Name | Role | Group |
|---|---|---|
Chris Griffin | Co-Founder | Leadership |
Larisa Hendrick | Director, Implementation | Leadership |
Siddharth Viswanath | VP, Operations & Strategy | Leadership |
William Chau Jr. | General Manager | Leadership |
Nikhil Lakhanpal | Co-Founder | Leadership |
Sita Huber | General Manager | Leadership |
Brian Aber | Senior Director Of Finance And Accounting | Leadership |
Christopher Collins | Vice President Of Growth | Leadership |
Olivia Treiling | Sr. Associate General Manager | Leadership |
Mark Solano | Director Of Growth | Leadership |
Nick Cappy | Senior Director, Customer Success | Leadership |
Bobby Mannepalli | Partnerships Lead | Team |
Tay Marrs | Senior Implementation Project Manager | Team |
Amy Pardee | General Counsel | Team |
Junel Seet | Product Operations | Team |
Elin Yaworski | Solutions Engineer | Team |
Giselle M. | Documentation Manager | Team |
Teresa Herman | Senior Implementation Project Manager | Team |
Nate Trumbo | Fp&a Associate | Team |
Juna Yu | Accounting Manager | Team |
8 more people are available in the full profile.
Complete people profiles for Narmi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Narmi
3 dated milestones of Narmi across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Narmi is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $35.0M.
Competitors of Narmi
Narmi has 8 listed competitors in our database, 6 of them funded. They include Amount, MANTL, Tyfone, Asseco and Bankingly, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amount.com | 2014 | Chicago, United States | $252.2M | 626 | Omnichannel banking solutions are provided for banks and lenders. | |
| mantl.com | 2016 | New York, United States | $67M | – | MANTL is recognized for providing account origination software to banks and credit unions. | |
| tyfone.com | 2004 | Portland, United States | $38.31M | 12 | Omni-channel banking solutions are provided for mobile financial services. | |
| asseco.com | 1987 | Rzeszow, Poland | – | – | Omnichannel banking solutions are provided for internet and mobile platforms. | |
| bankingly.com | 2015 | Montevideo, Uruguay | $18.75M | – | Cloud-based omnichannel banking solutions are provided to financial institutions. | |
| technisys.com | 1995 | Miami, United States | $83.75M | – | Cloud-based omnichannel banking platforms are delivered to financial institutions. | |
| ailleron.com | 2007 | Krakow, Poland | – | – | Technology solutions for telecom, banking, and hospitality sectors are provided. | |
| prelim.com | 2017 | Pacifica, United States | $120,000 | – | Account opening solutions are provided to banks for online automation. |
Detailed competitors of Narmi
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Web traffic of Narmi
The website of Narmi (narmi.com) receives about 14.9K visits a month.
- Monthly visits14.9K
▲ 31.9% vs previous month
Websites whose visitors overlap most with Narmi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| silamoney.com | 100% | 23.6K | #1,062,856 | View details | |
| hummingbird.co | 89% | 28.6K | #1,017,876 | View details | |
| finovate.com | 88% | 89.5K | #461,099 | View details | |
| bankingdive.com | 88% | 136.2K | #344,393 | View details | |
| plaid.com | 72% | 23M | #3,247 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Narmi
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- 6 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Narmi (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Related news about Narmi
Complete news archive for Narmi
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Frequently Asked Questions about Narmi
Narmi was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Narmi is headquartered in New York, United States. It is registered at New York, New York, United States.
Narmi is a funded company, having raised a total of $57.34M across 5 funding rounds to date.
Narmi has 89 employees.
Innovative digital banking platforms are developed by Narmi for financial institutions. Solutions are offered in areas such as consumer and business banking, account opening, real-time payments, fraud prevention, and back-office efficiency. Integration with leading core banking systems is supported to enhance digital capabilities. The focus is placed on delivering user-friendly experiences and API-driven open platforms for customized innovation in the fintech sector.
Narmi offers Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, and 2 more products and services.
Narmi has 7 investors. Key investors include Techstars, Greycroft, NEA, Picus Capital, and Patriot Financial Partners.
Narmi operates through Narmi Inc..